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in it. we're used to obama negotiating from a position of compromise first. this is clearly -- >> that's just not true. that's nonsense. >> this is the important part. >> no, that's nonsense. >> this is the important part. >> i've been hearing since the election, oh, the president has to be tougher this time. where was everybody the first two years of his presidency where he shoved his health care plan down republicans' throat? he made sure he got it without a single vote. is that compromise? >> i don't want to get sidetracked -- i could, i guess. with respect to this, though, it seems pretty clear to me that what we're going to end up have happening here is that republicans now will come back and say one of two things. one, rip all the stimulus out of this proposal, and that includes mortgage relief, the $50 billion that you talked about. that includes all the additional spending in there. and then we can start talking. or two, let's get that $1.6 trillion in tax hikes down closer to $800 billion in tax hikes. and either way, boehner gets to go back to his caucus and say, i scored ver
negotiations rewind to 2011 when boehner and president obama came within inches of a grand bargain, a deal that would have forced both democrats and republicans to eat their vegetables. in its comprehensive analysis of what happens during the secret negotiations, matt bai wrote -- the deal unraveled in large part because speaker boehner could not get his unruly caucus to go along with raising new revenue. fast forward to this year and republicans now think that deal, the one they walked away from, sounds pretty good. they're using it as a basis for their current proposal. only problem. boehner had his chance. president obama now thinks he has the upper hand. according to the "washington post's" ezra klein, quote -- >> joining us now representative chris van hollen of maryland, ranking member of the house budget committee. great to have you on the program. >> great to be with you, alex. >> let's talk a little bit about 2011 versus 2012, which is to say, the republican party is a very different negotiating position than they were last year and as ezra outlines, it sounds like john boehner wo
tonight in the fiscal cliff negotiations. republicans are pushing back hard. against president obama and the democrats over what will be in whatever deal they craft to avoid the implementation of the automatic spending cuths and tax increases. chief white house correspondent ed henry is live with details. good evening, ed. >> tonight we have new details of exactly what treasury secretary geithner laid out to republicans in the big meeting earlier today is. the republican aides tell mike emanuel there was a lot of detail about the new tax increases. $1.6 trillion in new tax increases from the new rate, capital gain, dividends as well. new spending, starting with $50 billion next year. the white house is countering that is leftover stuff from the president american jobs act. not really spending. nonetheless, the republican aides on the hill saying this is a nonstarter to them. white house aide i just spoke to said that this is not new. this is the president's original budget framework going to september of 2011. they say inside the white house tonight the real problem is the republican
, ready to sit down and negotiate with the president. we can't sit here and negotiate with ourselves. >> reporter: president obama is rejecting the republican proposal because it does not raise taxes on households making $250,000 a year. the gop is offering to close tax loopholes and limit deductions instead. >> the revenues on the table are going to come from guess who? the rich. >> reporter: they say if the bush-era tax cuts aren't extended for everyone, it will hurt everyone. and they invited people here to make their point. >> reporter: max olson opened an insurance company this year and is concerned he won't be able to add employees. >> you add their payrolls, plus an extra tax amount, then i may not be able to hire them because of it. >> reporter: president obama pressed his case tuesday, with ceos from some of the largest companies. >> i'm here to tell you, nobody wants to get it done more than me. >> reporter: the president wants to raise taxes on just about everyone in the room to balance the budget. >> we're not insisting on rates just
to negotiate with stupidity. they need to shine a spotlight on obama's proposal to ensure that the american people know how insane this is. and fourth, they need to use this as an opportunity to pass their own agenda. >> stephanie: so let's review. the president is stupid however he ran and won those on proposals. >> yeah, right. and what party that loses the election doesn't pass their agenda during a lame duck session? it is so obvious. but media matters had a good item last week about the right wing media. is absolutely encouraging and if not threatening republicans to do not negotiate with obama. do not even -- you know, no compromise. no good will effort at all. you don't have to do a thing. this is his problem. and republican parties should just sit back and even though, you know, that message didn't do so well on election day, that is what the rush limbaughs of the world are sticking to. >> stephanie: here he is, your friend, charles krauthammer. >> as a matter of policy, it does absolutely nothing
strategy. >>> another big story we are following. a possible break in stalled negotiations to avoid the so- called fiscal cliff. for the first time in days, president obama and house speaker john balkaner spoke by phone about the looming deadline. there reportedly was no major progress but leaders say it was a start. the two sides have agreed to tax reforms and spending cuts but are still at a stalemate on raising attacks on incomes over $250,000. >> the hold-up right now is that speaker boehner took a position i think the day after the campaign that said we're willing to bring in revenue but we're not willing to increase rates. >> i'm be here an i'll be available at any moment to sit down with the president to get serious about solving this problem. >> speaker boehner says the president has not responded to the republicans' latest proposal that does not include a tax increase on wealthy americans. >>> new this thursday morning, former delegate tiffany alston is officially out of office. yesterday, a prince george's county judge ruled that she was out of office following her october plea d
made a real legacy that said i accept the debt deal that obama and i are negotiating which is essentially his opening offer now? wouldn't that have been the legacy that he could have rested his hat on? >> it would have been interesting. he essentially attempted to be a representative of his caucus rather than a leader of his caucus. >> exactly. >> it would have been interesting. i think he could have either been a great leader or burned and gone -- been taken down. it was a 50/50 proposition. >> all right. matt lewis, thank you so much. >> thank you, matt. >> fascinating. incredible read, "herding cats." >>> still ahead -- it's just cruel. i felt bat readid reading it. you know where i stand. >> cures cancer. >> let's see. >> okay. >>> coming up, we're going to bring in republican congressman tom cole who broke ranks with his party over the tax debate last week. can't wait to talk to him and get his insights. also, we'll be talking foreign policy with national security adviser dr. brzezinski. keep it right here on "morning joe." music is a universal language. but when i was
, a bloomberg government former members of both parties said negotiators should be able to reach an agreement. in an hour, president obama speaks to ceo's at the business roundtable, followed by news conferences with house speaker john boehner and minority leader nancy pelosi. >> the supreme court will look at what was passed in 2008 by a majority of six-three, i believe, and they will say that is precedent. indiana had a voter i.d. -- >> they decided on the indiana case, it was constitutional for them to establish id they did not say all of that was subsequently -- >> they talked about indiana. you misrepresented what i said. the supreme court is the law of the land. >> when i hear these accusations that black people voter i.d. loss disproportionately affect minorities -- implies to me that somehow we have something missing in our brain. as -- if white americans can get id to vote and go through all the processes to follow the laws, what are you telling black people? that somehow they are not good enough? that is what bothers me about a lot of the rhetoric coming from democrats and the left.
discuss a little -- the latest with the fiscal cliff negotiations. republicans and joined obama to extend the bush era tax rates. first time university law professor looked at the history of the alternative minimum task -- tax. cluster e-mails, phone calls and tweets. tuesday at 7:00 a.m. eastern on c-span. more about the tax loopholes and deductions that could be involved in negotiations over the fiscal cliff. from our special washington journal series, this is 50 mins. >> we turn our attention today to deductions and tax -- tax loopholes. joining us to talk about this is john mckennan, thank you for being here. what are loopholes and deductions? we hear those words a lot. guest: loopholes or tax breaks of all different sorts. whether you like a particular loophole or not depends on where you sit. there are lots of loopholes that are deductions. deductions are the ones most people are familiar with. the big itemize deductions are things like a home mortgage interest deduction. there is one for state and local taxes that is very important. the deduction for charitable contributions. then
revenue, but here's the key. no rate increases in the top 2% of taxpayers. that's non-negotiable for president obama. >> we're not going to be able to got a deal without it. >> reporter: the white house says the republicans' math just doesn't add up. >> it's magic beans and fairy dust. >> reporter: negotiations have reached a stalemate. >> there's nothing going on privately that is not going on publicly. >> reporter: there is no plan at this time for congressional leaders to meet with the president at the white house, and it doesn't sound like he's sending out invitations any time soon. >> i don't think that the issue right now has to do with sitting in a room. >> reporter: earlier, the president met with the bipartisan group of governors. >> we understand this will be a shared sacrifice, you have to look at spending cuts. states are willing to do more with less. >> the governors didn't endorse a specific proposal, not the white house version or the house republican version, but they did say that something must be done to avoid those massive mandatory spending cuts that will go i
gregory literally asked do you think president obama should bring mitt romney in to negotiate the fiscal cliff. >> caller: i think my brain unattached from my spine when i heard that. [ laughter ] >> caller: i can't -- david gregory should be ashamed of himself, and i really think they need to change it to meet the pushover. and the democrats have to understand that that's how grover got his power is flying under the radar. nobody knows who this guy is. >> stephanie: that's right. >> caller: some of these senator are realigning themselves with him now. >> stephanie: i know. >> caller: they say i would break the pledge, but now -- i can't remember the one senator's name, but he called up and grover just gave him a what for, and he goes i'm sorry. i'm sorry. i'm like are you kidding me? >> stephanie: sorry grover. [ laughter ] >> stephanie: you should never have to say sorry to anybody named grover. >> exactly. >> stephanie: all right. we'll get the latest on what charlie pierce thinks on the fiscal cliff and much more as we continue on the "stephanie miller
. but at some point, president obama will have to come into the negotiations and get involved himself. >> that meeting is not set yet. jake tapper, thanks very much. >>> george, now, to the potentially lethal carbon monoxide leak at an atlanta elementary school. >> hubie: 50 teachers and students were sent to the hospital monday. firefighters discovered the unsafe conditions. and now, parents are asking, why the school reportedly had no carbon monoxide detectors located inside. steve osunsami has the story. >> reporter: it was a shocking scene, played out on live television. >> i saw kids passing out. i saw them shivering. i saw some kids just moving around like they were dizzy. >> reporter: dozens of children at this atlanta grade school monday, falling out from high levels of carbon monoxide poisoning. needs gas masks to breathe. being wheeled out on stretchers. >> fainting, dizziness, headache and nausea were the four symptoms. >> reporter: firefighters were carrying sick children. >> there's kids laying on the floor. at least three. and the teacher are saying, this town needs help
hum humorous, but you do wonder about the dynamics behind the scenes. >> president obama is right in the short term. right now it's the postures pr phase of the entire negotiations, but we're probably going to see the negotiations start in ernest around middle september, close to the christmas holiday season. at that point i wouldn't be surprised if president obama, john boehner, and other key folks are actually locked up somewhere in maybe camp david, maybe at the white house. that's when the big talks will start. not now but in the next couple of weeks. >> back to the power move as it's described by speaker boehner. who are the strongest allies. we've seen paul ryan all but vanish here other than when we put the picture up on the committee and who is on it. who are the allies supporting speaker boehner that are team players? >> there was a criticism in the suspicion about a year ago that even some of john boehner's top deputies weren't always on board. that came about during the debt ceiling debate of 2011 where there was a lot of suspicion where eric cantor the house majority l
with people across america. a new quinnipiac poll proves it. 53% trust president obama and the democrats more to handle the fiscal cliff negotiations. only 36% trust the "r"s in congress. joining me is nbc chief white house correspondent and political director and host of "the daily rundown," anything else you control around here? >> that's enough. >> and "the washington post's" chris cillizza. i think you've been reupped. you're all over the place. you're the greatest. the absolute best there is in this -- >> let's be careful talking about the president outside the beltway in virginia. >> this is why i want you and chris on. what is the president hoping to get done? what's his time frame? does he believe in the cliff or does he think it's a bungee jump? >> no, he truly believes in the cliff. he has been getting -- and he's getting economic warnings from his own team that say, don't believe the congressional budget office, which is kind of rosy about this, who says it would be a tough 2013 if we went over the cliff but things would get better. he is getting updates saying, no, no, no, we will
cliff negotiations are looking gloomy with no meetings planned for today and many lawmakers already on their way home for a long weekend. yesterday's negotiations consisted on a phone call between president obama and house speaker john boehner. both are still sticking to their separate plans. the president's plan raises taxes on the top 2% to raise 1.6 trillion in revenue, while the gop wants to close tax loopholes to raise half as much. >> we can probably solve this in about a week. it's not that tough. but we need that conceptual breakthrough that says we need to do a balanced plan. >> i'll be available at any moment to sit down with the president to get serious about solving this problem. >> the white house says they are also concerned that republicans may use the debt ceiling, which will need to be raised early next year to get their way on tax and spending cuts. the pentagon is already planning major cuts in case there is no deal. the preliminary plan is to cut 500 billion dollars in jobs and programs. the pentagon's spokesman says those cuts could force the defense department
with a message. get a grip and stop negotiating with president obama. good advice. they are the majority. they're not the minority. >> good plan. >> stephanie: he told republicans don't need to form a surrender caucus. he said there is no fiscal cliff. it's absolute total nonsense. he's obviously-- >> crazy. >> stephanie: the first guy you want advice from. the guy who shut the government down, do you remember? then they lost in landslides because of that guy there. okay dan in chicago. hi dan. hello dan. dan, dan, going once, how about garth in washington. hi garth. >> caller: hi, stephanie how are you today? >> stephanie: good, go ahead. >> caller: i'm a boy here in washington, and we're going over this cliff, but i think the cliff was passed a long time ago. what is wrong with the flat tax where everybody paid the same. i don't know enough about it, but nobody speaks of that. also-- >> stephanie: you're talking about the steve forbes, he's the one who brings that up every year. i know it sounds simple. a lot of times things that sound simple are not necessarily the best idea. >> it would be
in motion by the same two people who are negotiating this deal. president obama and speaker boehner. >> i had the opportunity to ask secretary geithner in may in a hearing in the financial services committee in the house if he could name a state. we have 50 states. if he could name one state that had higher economic growth than a state that had lower taxes and less regulation. he could not name a state. yet what he's proposing is higher taxes and more regulation. that's what this administration has done over the past four years. we have two massive laws that are breaks on the economy. 2010 health law. affordable care act. well intentioned but -- >> will republicans raise taxes? there's two chess movesky s ki see as a lowly voter. >> i won't. but this is -- this is where leadership counts. and so speaker boehner needs to work with the conference to find republicans that are willing to go along with that. >> are you going to raise taxes? >> look, it depends on what you mean by raising taxes. >> on the top 2% of the wealthy people, you say you pay instead of 35%, we're going to put you at 37
obama holds the high cards and the public is likely to blame republicans if negotiations blow up and the new year begins with a fiscal disaster. the facts didn't stop speaker boehner from claiming the white house is holding up negotiations. >> majority leader and i just had a meeting with the treasury secretary. it was frank, and it was direct. i was hopeful we'd see a specific plan for cutting spending. >> the treasury secretary's proposal seems pretty specific. it even includes $400 billion in specific cuts. but john boehner sees something different. >> we know what the menu is. what we don't know is what the white house is willing to do to get serious about solving our debt crisis. >> so what is this all about? i mean, i guess john boehner has his own definition of specifics. according to the john boehner dictionary, specifics means, having all the attributes john boehner agrees with and nothing he doesn't like. keep in mind, this is the same boehner who said $38 billion in cuts was the largest real dollar spending cut in american history. when boehner got those cuts last year
not sitting down to talk. >> but there was some encouraging news yesterday. president obama and house speaker john boehner did speak on the telephone. right now, though, there's no evidence any future negotiations are scheduled. a new poll by the associated press shows 48% of those asked support letting tax cuts expire january 1 for those earning more than $250,000 a year. but extending them for everyone else. >> just 32% think the cuts should be extended across the boards. >> at 6:37 rchtion it's time for -- at 6:37, it's time for another your money report. >> jessica doyle is talking about the real possibility we actually will indeed go over the cliff. >> they say good things come to those who wait except maybe in the case of the fiscal cliff. timothy geithner said the administration will absolutely take the leap. but some say both sides could wait till january to get down to business without any big economic consequences. the expiration of the bush tax cuts forcing tax rates higher on 90% of americans won't be felt right away. some economists actually call this the fiscal float instead of
miklaszewski, nbc news, pentagon. >>> back here at home, fiscal cliff negotiations in washington are still up in the air. most lawmakers have gone home for a long weekend break. this as timothy geithner says the obama administration is willing to go over the fiscal cliff. nbc's tracie potts joins us live from washington with an update. good morning to you. >> reporter: let's start with geithner. he told cnbc that instead of continuing tax breaks for the wealthy, the obama administration is willing to go over this cliff which means they're willing to let your taxes go up and unemployment checks go away massive spending cuts happen if the pentagon instead of continuing the tax breaks for the wealthy. now there's been very little progress here on chiapitol hill which is why so many have gone home. we know that president obama and john boehner spoke by phone. republican sources telling us they had a conversation yesterday. we don't have a readout on what that was about. we don't know that if any meetings have been scheduled. but any small sign of progress is welcome here on capitol hill. now with
to reach agreement among -- with a pew people in meetings negotiateing that is not what american democracy is about. >> greta: interesting looking at this democratic presidency with the last one, bill clinton, president obama almost outsources this to others, to committees, aides, senators, congressmen, he outsources everything he doesn't want to get his hands dirty. bill clinton was in there slugging it out. newt gingrich said he spent 35 days face-to-face. why doesn't president clinton get involved this is his job? >> that is a good insight it is sort of an outsourcing. when you run for the office if you don't want to be involved directly engaged in the big issue of our time, dwarfing all others is our unsustainable financial course that's what we need to deal work the american people need to be engaged in it and it is not happening. >> he wants the applause but won't do the heavy lifting the ugly stuff, putting people in a room. >> i think you are correct in that observation. we've not made progress. what we get is, hubris after this big election 2%, maybe, win they've got a lot of conf
obama and speaker boehner spoke on the phone yesterday for the first time in days. both men agreed not to publicly characterize how the conversation went. but the stalemate in negotiations entered new territory yesterday with treasury secretary tim geithner suggesting the white house is ready to go off the cliff if republicans refuse to raise taxes on the 2%. >> if republicans do not agree to that, is the administration prepared to go over the fiscal cliff? >> oh, absolutely. again, there's no prospect to an agreement that doesn't involve those rates going up on the top 2% of the wealthiest americans -- remember, it's only 2%. the size of the problem in some sense is so large, it can't be solved without rates going up as part of that. again, i think there's broad recognition of that reality now. >> one fallback option republicans are reportedly considering is to accept tax cuts for the middle class, allow rates to go up for the wealthiest, and then start the fight over again during debt limit talks early next year. yesterday at a business roundtable of ceos, president obama took a
's the right guy to be sitting in that room doing negotiating. >> they have tried the boehner/obama dynamic before. the lessons from that weren't universally positive. >> you have to keep at it. that's what the american people expect of everybody in washington to sit down and work together and work this thing out and not use other people to be your spokesperson and trying to work out negotiation. the president needs to be here in washington, d.c. in the conference room working out this problem. that's what he was elected to do. >> clearly he will be in pennsylvania and watching that as well. congressman, thank you for your time. >> thank you for having me. appreciate it. >> congressman jim gerlach. >>> coming up next, rick santelli is champing at the bit today so we moved up santelli exchange an hour earlier. don't miss his take on costco. >> we have an exclusive interview with goldman sachs chief u.s. equity strategist david kostin. he thinks the market will rise 12% next year. he'll give you his five best investment ideas. stay with us. if you are one of the millions of men who have used
creditors and there may be others in the pipeline. bill: negotiations on that fiscal cliff and his first one-on-one television interview since reelection president obama says he will only agree to a deal that raises tax rates on top earners. >> we are not going to simply cut our way to prosperity or cut our way out of this deficit problem. we are going to need more revenues. in order to do that that start with higher rates for the folk at the top. the reasonien, the reason i say that is not to punish success or go after folk just because they are wealthy. it's a simple proposition that you can't raise enough revenue and if you don't raise enough revenue through closing loopholes abductions, it's going to be middle class families that make up the difference. bill: john boehner will speak later this hour. we'll see how he responds to that comment. if washington can't get a deep, automatic tax increases and massive spending cuts do take effect. martha: west virginia senator joe manchin, a democrat discussing the fiscal cliff, social security within medicare. he believes they must be run more ef
of hard-fought negotiations under both republican and democratic administrations, president obama finalized the terms of russia's ascension to the w.t.o. on november 10, 2011. russia was invited to join the organization on december 16, 2011, and officially joined in august of this year. mr. president, i ask unanimous consent that the remarks on pntr be placed within whatever the time agreement ultimately is. the presiding officer: without objection. mr. hatch: and i'd like my remarks not to be interrupted. the presiding officer: without objection. mr. hatch: now that russia is a member of the w.t.o., for our workers to benefit, congress really has no choice but to extend permanent normal relations to russia through appeal of the -- repeal of the application of the jackson-vanik amendment. russia is now a member of the w.t.o., but they are under no obligation to extend the economic benefits of their membership to the united states unless we have normal trade relations. simply put, if congress does not act, our workers and exporters will be at a serious disadvantage in trying to exp
to the issue of the day here in washington, d.c. isn't that the central issue now in the negotiations on this fiscal cliff and there's no doubt that president obama is on the side of the 98% and john boehner is on the side of the 2%. the republican party right? i think it is as clear as that. don't the american people see that? >> i think that's why the president is going around the country to put pressure on them because in the end i mean the end, the tax cuts expire and so tax rates go up and the president comes back to congress and says you know, give the tax break back to the middle class and i don't know what republicans are going to do then. they're going to continue to try to fight for the 2%. i don't know. but he's doing it right and he shouldn't see -- he shouldn't seed the ground on that issue. he shouldn't seed it. that was what the election is about. republicans are trying to say well george bush tried that with social security. george bush in '04 didn't talk about privatizing social security. he wouldn'
republicans well in previous budget negotiations. but the no-taxes-ever-bulwark has not served the country well. and obama would be remiss not to try. go ahead, eugene. >> obama has talked about -- he phrased it as breaking the fever, i think, at one point. this sort of solid wall of adamanting opposition to any sort of tax rate increase ever in the house has been seen as a problem to him from day one. and coming off the election, he's in a stronger political position than he's been in before. his incentive is not to rush into the room, his strength is out among public opinion where that's friendlier terrain for him. whereas once they get in the room, of course, republicans still have power, still have control of the house. >> yeah. >> so there's no great incentive for him to rush to compromise at this point. >> gene, why is -- why is raising the top marginal rate so important to the president as well as liberals across america? why -- explain why the is that so important? >> well -- >> and i'm talking specifically the top marginal rate. not taxes on the rich. because the rich have been sk
not happening right now and negotiations so not happening that congress -- members of congress went home last night. president obama very much on the case, went out yesterday morning to meet with members of the business roundtable and he told members of the roundtable first of all that they -- there's absolutely part of the equation has to be raising rates on the top 2% of americans. without that there won't be any deal. president obama with the business roundtable. >> any formula that says we can't increase tax rates probably only yields about $300 to $400 billion realistically. that's well short of the amount of revenue that's needed for a balanced package. >> bill: just won't cut it. the president said. he also appeared yesterday morning on tom joyner's radio show. and said if you want a deal, if you want a compromise, there's only one way to get there and that's the one thing missing if republicans will agree that tax rates will not -- will not -- the tax cuts will not continue for the top 2%. he said we've got a dea
leaders in the house blaming president obama for the lack of action. they're calling on him to initiate face-to-face negotiations. did we say a deal has to be made in the next 25 days. house members are out of town for a long weekend break. fox business network's rich edson is live from washington. so are we seeing any movement in these talks at all, rich? >> some, jon. a house aide says president obama and house speaker john boehner spoke on the phone yesterday afternoon. that is their first conversation in a week and since republicans offered $800 billion in new tax revenue and more than a trillion dollars in spending cuts. aides refuse to say if the president and speaker are now closer to a deal. for both sides a little more campaigning. president obama heads to northern virginia this afternoon. the white house says he will meet with a middle class family to press congress to protect those making less than $250,000 a year from tax increases and raise rates on those making more. house republicans return to their congressional districts. they will meet with small business owners to und
. the white house, zoraida, after really not being happy with the pace of negotiations a week before last, sent treasury secretary tim geithner to the hill to talk to house republicans and lay out what really has been public, what president obama wants, or at least his opening offer for deficit reduction, about $1.6 trillion in new taxes and significantly less in spending cuts. in entitlement reform, and now you have the white house really sensing that they have some leverage here, saying to house republicans, you know what? you go ahead and you put the meat on the bones when it comes to this really politically precarious part of entitlement which is often construed as cutting entitlements like medicare. here's what tim geithner said. >> we laid out a program of how we do it in what stages with $600 million of spending cuts in ten years over entitlement programs. the thing now is for them to come to us and say here's what we think makes sense. we've told them hat we think makes sense. they have to come tell us. >> so he's drawing a line there in the sand. we also heard over the weekend fr
committee, if the white house's last lame duck had negotiated raising the debt ceiling as part of their overall strategy because basically, they traded a payroll tax cut for the bush-era tax cuts unbelievable for democrats >> bill: i am totally convinced president obama will never, never, never extend the tax cuts for the wealthiest americans again. >> he did it before. >> not this time. not this time. meredith shiner, always good to have you in the studio. >> great to be here, you guys. >> meredith >> bill: follow her at rolecale rolecale.com or on twitter twitter @meredithshiner. we will be back. i will be back with a quick parting shot for today. >> this is bill press show, live on your radio and on current tv. tell them it's like being nestled [ music ] surrounded by a 500-watt sound system while floating on a suspension made of billowy clouds. or you could just hand them your keys. ♪ ♪ ♪ ♪ then how'd i get this... [ voice of dennis ] ...allstate safe driving bonus check? what is that? so weird
. president obama continues to insist any deal must include a tax break increase on the top 2% of wage earners, which republicans, we well know, just as firmly insist, that is a nonstarter in these cliff negotiations. another element to this fight now, which is important, is the debt ceiling. it's likely the country will come up against that marker again early next year, laying the groundwork for another potentially bitter, bruising, and damaging battle between congress and the white house. we know how well that went last summer when we filed a debt ceiling fight. the proposal offered by treasury secretary timothy geithner last week to republicans would change the rules as it relates to the debt ceiling, giving more power to the president and making it harder for congress to block a debt ceiling increase in the future. the president clearly wants to take the threat of this continued fight on the debt ceiling off the table. listen to the president yesterday. >> if congress, in any way, suggests they're going to tie negotiations to debt ceiling votes, and take us to the brink of default once aga
Search Results 0 to 40 of about 41 (some duplicates have been removed)